Kazakhstan's Business Lending Increases by 14.2% to 16.4 Trillion Tenge
Business lending in Kazakhstan rose by 14.2% year-on-year to 16.4 trillion tenge, with significant growth in small and medium-sized enterprises (SMEs). SME loans increased by 24.8% and 15.4% respectively. Long-term lending also grew, now constituting 70.7% of the total business loan portfolio, indicating a positive trend in business financing.
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